Al Mashreq New Savings Account with the Highest Interest
- Interest rate
- 18%
- Min. opening deposit
- EGP 0
- Monthly fee
- EGP 0
Returns
- Interest type
- Fixed
- Base rate
- 18%
- Payout
- Monthly
- EGP 50,000 – EGP 249,99913%
- EGP 250,000 – EGP 749,99915%
- EGP 750,000 – EGP 1,000,00018%
Rate tiers
Balance & withdrawals
- Min opening deposit
- EGP 0
- Min balance for interest
- EGP 50,000
- Overdraft allowed
- No
Fees
- Opening fee
- EGP 0
- Monthly fee
- EGP 0
- Quarterly fee
- EGP 0
- Below-minimum fee
- EGP 0
Features & requirements
- ATM card
- No
- Debit card
- No
- Online banking
- Yes
- Mobile banking
- Yes
- Joint account
- No
- Minor account
- No
Do the maths
Our take
Pros
- Completely free electronic opening with no minimum or administrative fees, with a progressive monthly return of up to 18%.
Cons
- Interest is only calculated starting from a balance of 50,000 pounds, and it's calculated on the lowest balance during the month, not the average.
Our take
The 'Highest Interest' savings account from Mashreq Neo is an excellent option for instant online opening with no fees or minimum balance, and interest is paid monthly on the lowest balance during the month. However, the downside is that interest is only calculated from an amount of 50,000 EGP, and the return is tiered, starting at 13% for the lower amounts up to 18% for larger amounts.
Compare
| Al Mashreq New Savings Account with the Highest Interest Mashreq Egypt This one | Monthly Saving Plus account bank nxt | Sitara Plus Savings Account saib bank | ميد برايم MID BANK |
|---|---|---|---|
| Interest rate | |||
| 18% | 13% – 18% | 12.5% – 15.75% | 2.75% – 18.5% |
| Min. opening deposit | |||
| EGP 0 | EGP 5,000 | EGP 20,000 | EGP 5,000 |
| Monthly fee | |||
| EGP 0 | EGP 0 | EGP 40 | EGP 0 |
Added Tuesday 18 August 2026 - 11:19 AM Updated Tuesday 18 August 2026 - 11:55 AM